Assume you're buying a far from a seller. The seller know's his car's value X and he is only willing to sell it if he gets at least this value. You do not know X but you believe its somewhere between [1000, 2000). Furthermore, you value the car at X + 500 and don't want to pay too much for the car. What offer would you make for the seller's car such that you have the highest chance of buying it? Correct Answers 1,500